CNBC-TV18'S annual b-school rankings are out. IIM-Ahmedabad tops the list yet again, but IIM-Bangalore is close on the heels.
The 4th edition of the annual ranking study, ‘India’s Best B-Schools 2012’ covers 145 B-Schools, 235 recruiters and 217 faculty members, across a dual methodology, making it one of India’s leading and most comprehensive rankings for management education.
(*Source: TAM, Market: All India, TG: CS AB Males 25+, Time Period: wk 1 – 53 2011, All Days, 0600-2400 hrs)
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Rise of IIM-Bangalore
IIM Ahmedabad led the rankings and continues to be the benchmark for MBA education in India. However, IIM Bangalore is running very close driven by its improved performance in areas such as industry interface & international linkages. IIM’s continued their pre-eminence amongst management schools, with as many as six out of the top 10 B-schools being an IIM.
BFSI, IT, Consulting & FMCG continue to be favorite haunts for India’s top B-school graduates as they accounted for almost 70% of B-School recruiters. In terms of average salaries, India’s top B-schools saw an average increase of approximately 20%. However, amongst the lower ranked schools, there were considerable challenges in terms of intake as well as salary increases and placements.
At IIM-A, the maximum salary offered for an Indian job was Rs 37 lacs per annum and for a foreign posting was USD 139.64 thousand per annum.The average and median salary figures were 16.36 lacs per annum and 15.15 lacs per annum respectively. About 14% of the graduates were posted abroad. As is known, IIM-A has recently introduced the ‘cohort’ based placement system, wherein companies that offer similar roles, profiles, salaries, locations etc would visit campus together at a particular time basis batch preferences.
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